RedTape Reports Highest-Ever Q1 Profit, Driven by Core India Retail Strength and Portfolio Expansion
Redtape Limited, one of India's leading lifestyle brands in footwear, apparel, and accessories, announced unaudited financial results for the first quarter ended June 30, 2026. The company reported its highest-ever Q1 profit in absolute terms, attributed to sustained revenue growth, a robust core India retail business, disciplined cost management, and execution efficiencies across operations.The strong performance was bolstered by the strategic acquisition of Sprandi, which expanded RedTape's portfolio reach into 12 countries, including India, Bangladesh, Nepal, Bhutan, and Sri Lanka, significantly strengthening the company's sports...